Shiba Inu (SHIB) Price Trajectory Largely Depends on Bitcoin
Shiba Inu (SHIB) has been experiencing mixed signals in recent weeks. The meme coin has made attempts to secure a breakout, but this effort hinges heavily on investor support.
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Shiba Inu (SHIB) has been experiencing mixed signals in recent weeks. The meme coin has made attempts to secure a breakout, but this effort hinges heavily on investor support.
Dog-themed cryptocurrency Shiba Inu (SHIB) is showing early signs of recovery. However, investors remain cautious about whether the rebound has enough momentum to sustain itself.
Shiba Inu's burn rate spiked over 7,000% in 24 hours, but price action stayed flat. What's next for SHIB?
The price of Shiba Inu (SHIB) is fluctuating within a range after falling to a low of $0.00001067 on Febreuary 3.
Shiba Inu is seeing a significant change in its investor base as long-term owners, or whales, have started to reinvest. Addresses that have held SHIB for more than a year have increased by 5.62%, according to the most recent on-chain data's Balance by Time Held metric.
After a slow start to the week, Shiba Inu's burn activity has sprung back to life with a 33% spike in the last 24 hours, according to data from Shibburn.com.
Shiba Inu (SHIB), the popular dog-themed cryptocurrency, is turning heads once again as whale activity surges. According to IntoTheBlock data, large holder inflows skyrocketed by a staggering 2025% this week, with 6.26 trillion SHIB tokens flowing into whale addresses on March 20.
Shiba Inu (SHIB) has shocked the crypto community with a massive 771,019% spike in its burn rate, according to data from Shibburn. While only 18.6 million SHIB tokens were actually burned in the past 24 hours, the percentage jump signals a dramatic increase compared to previous activity.
Data shared by the prominent Shibburn tracker in a recent tweet shows that the burn rate metric has surged enormously, stunning the SHIB community with a six-digit increase.
Amid the ongoing bearish market sentiment, Shiba Inu (SHIB), the popular and world's second-largest meme coin, is gaining immense attention from whales and long-term holders.
In the world of meme coins, Pepe Coin and Shiba Inu are two prominent names and are often considered competitors. Due to PEPE's sudden popularity and exponential growth in 2024, it was seen as one of the most promising cryptos, but SHIB's dominance was the best after Dogecoin and could not be shaken.
Dog-themed cryptocurrency Shiba Inu (SHIB) has seen a staggering 2025% surge in large holder inflows, signaling renewed interest from large holders, referred to as whales. This sudden spike has sparked speculation about what might be going on and what it means for SHIB's next move.
According to IntoTheBlock data, 84.94% of Shiba Inu (SHIB) addresses are "out of the money," meaning the current price is lower than their average purchase price.
A recent tweet published by the Shibarium Updates account spread the word about the layer-2 solution Shibarium approaching two important milestones regarding the total number of transactions on the network and the total amount of wallets linked to Shibarium.
Shiba Inu (SHIB), which started as a meme coin, has now become one of the most popular cryptocurrencies among investors. Right now, SHIB is trading at $0.0000127, holding strong above $0.0000125.
Over the past week, the Shiba Inu price has faced strong volatility, however, it has managed to hold above the $0.0000125 support levels. Furthermore, large volume transactions for SHIB and rising burn rate can serve as an additional catalyst for the same.
Shiba Inu (SHIB) is currently trading within a descending triangle pattern, a setup that often signals an impending breakout and increased volatility. The memecoin has been squeezed into a narrowing range, posting lower highs while maintaining support near $0.0000125.
Due to significant resistance and declining technical indicators, Dogecoin is currently at a pivotal point in its history. A crucial resistance level that could determine DOGE's next market move is difficult for the price to overcome.
Shiba Inu (SHIB), the popular meme coin, has been struggling to break out of a downtrend that has persisted for the past three months.
A rare bullish pattern forms on Shiba Inu's 4-hour charts, but beware of two incoming sell walls.
Shiba Inu (SHIB) has underperformed the wider cryptocurrency market since the start of the year. However, a recent development concerning the token's exchange reserves could herald the beginning of a move to the upside.
Shiba Inu (SHIB), a dog-themed meme coin, has battled bearish pressure in the last 30 days. Despite delays in experiencing a breakout, a significant 123.27 trillion SHIB are in profit.
A chart shared by on-chain data aggregator IntoTheBlock has revealed that the “digital silver” coin, LTC, which was created two years after Bitcoin, in 2011, is still popular with long-term investors.
Shiba Inu (SHIB) whales seem to be making a strong comeback, with large holder netflows up a staggering 1,448%.